MAY TRADE NEWS

Warehouse complex proposed for Peterborough

Local authorities urged to help businesses improve recycling

Business leaders lose faith in the Labour government

Sole traders join forces on the Isle of Wight

FPB calls for government to cancel fuel duty increase

Consumers get better protection from rogue traders

Health and beauty sector will grow despite economic slowdown

Credit crunch hits wholesale and retail businesses' cash flows

CBI reports manufacturers expect to increase prices

Businesses attack new agency worker rules

Credit crunch 'has not stopped owners selling their businesses'

BRC stresses UK firms do not use exploitative suppliers

OFT targets retailers who claim to be closing

Carbon Trust urged to support small firms

London business buck trend as sales increase

Bank charges 'could harm small business

Small businesses 'could be hurt by extended flexible working rules'

BRC reports gloomy sales figures

Businesses urged to embrace rail network

Business pessimistic about economic future

Fuel duty rises 'should be postponed to help businesses and consumers'

Report calls for better government support of small businesses

Businesses asked for bribes to win contracts

Small businesses hit by staff absences

Small businesses 'turn to older employees to plug skills gap'

Businesses warned of continuing economic slowdown

Tories pledge to support small suppliers and local businesses

Continuity plans 'vital for small firms'

Manufacturers force to pass rising costs on to customers

Oxfordshire Retailers Flex Their Muscle

FSB steps up campaign to protect local suppliers

Small firms 'are turning to bridging loans to maintain cash flows'

Government looks to help business by streamlining consumer laws

Business disappointed by interest rate hold

Shop prices 'only rising slowly'

Postal competition 'has not helped small wholesalers'

Small firms are turning to bridging loans to maintain cash flows

South-west's roads 'need to be improved to help wholesalers'

Retailers see April increase in shoppers

Government urged to involve small firms in tax forum

Good online retail practice satisfies customers

Small retailers urged to embrace gift card schemes

Commission inquiry not doing enough for small retailers

Hornby buys model car maker Corgi

Trade News Archive May 08 April 08 March 08 February 08 January 08

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15th May 2008

BRC reports gloomy sales figures

New figures have indicated that UK retail sales fell in April, indicating that the economic situation is starting to hit small businesses.

The British Retail Consortium's (BRC) latest Retail Sales Monitor showed that sales values fell 1.5 per cent last month, when compared on a like-for-like basis with April 2007.

It said that this year's early Easter and rain at the beginning of April dampened sales somewhat.

However, the BRC added that "underlying trade remained tough" in 2008. It warned that consumer confidence has dropped to a new low and this was making shoppers "very price-conscious and reluctant to spend on big-ticket items".

Stephen Robertson, the director general at the BRC, commented: "With higher fuel and utility bills eating away at people’s spare cash, they are concentrating on essentials like food.

"Retailers will look to the recent sunny weather to provide some boost but with the economic fundamentals remaining weak, there seems no reason for these tough trading conditions to improve soon."

Helen Dickinson, head of retail at KPMG, added: "It is doubtful that the fine weather will be sufficient to significantly boost consumer confidence in the current environment."
 

 

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